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Posts by Reditus

March 2013 may seem like a long way off but as the old saying goes: ‘the more planned you are, the more flexible you can be!’ Mr Paul Mather from FBT Solutions is conducting a national road show of seminars designed to help companies and those charged with the responsibility of completing the FBT Return….

Changes to salary packaging arrangements The recent Mid-Year Economic and Fiscal Outlook or Mini-Budget brought a raft of changes to Government policy aimed at trimming costs and increasing revenue to meet their promise of bringing the Budget back into surplus in 2013. In his speech, the Treasurer announced the abolition of In-House Benefits available under salary…

The Federal Government has announced a progressive increase to the Superannuation Guarantee Contribution (SGC) from the current 9% to 12% between July 2013 and July 2020. While the increase (as shown in the table below) has met with fairly broad approval, there has been much debate as to where the additional cost is going to…

Over the years, we have heard just about every excuse for a company not to offer salary packaging to their employees. Yet the real question is why wouldn’t you offer effective salary packaging to your employees? The whole purpose of the Fringe Benefits Tax Legislation is to provide tax concessions to your employees whilst at the…